According to the IDS, a whopping 95.6% of all Financial Education Services affiliates are at the Agent rank.

Of this 95.6% of the total affiliate-base, just 26.6% are qualified to earn commissions.

Company-wide, just 29.5% of Financial Education Services affiliates are qualified to earn commissions.

Why are less than a third of Financial Education Services affiliates paying for a service they have to sign up for just to earn commissions?

I believe the answer may lay in pricing.

One thing that struck me as odd in the Financial Education Services compensation plan was that it was entirely geared toward making $499 sales.

Once made, the compensation plan pays $165 upfront and then up to $550 residually.

That’s $715 paid out on a $499 service sale (I have no idea about the other services because the compensation plan only appears to pay out on $499 accumulated sales).

One possibility is that Financial Education Services are passing along some of the commission they receive, but still… if $715 is paid out on a $499 retail cost – what is the actual value of the service?

Is that why the majority of Financial Education Services affiliates aren’t paying for services (even though they have to for commission qualification)?

And if your own affiliates aren’t paying, why would retail customers?

I know I wouldn’t buy something if I knew 100% of what I was paying went straight into the pocket of the person selling it to me.

First thing I’d do is question the value of the product, work out what it’s actually worth and set about purchasing it elsewhere close to the actual cost.

Simply put: From a retail perspective Financial Education Services doesn’t make much sense.

And for a company calling itself Financial Education Services, the company sure does a poor job of educating potential visitors as to the finer financial aspects of its business opportunity.

The remedy of all of this would be greater disclosure on the Financial Education Services website.

Where does the money go, how much and to whom.

Given VR Tech launched fourteen years ago and this is where we’re at today though, don’t hold your breath.

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